REstore claims the 41st spot at the Technology Fast 500™ EMEA

REstore claims the 41st spot at the Technology Fast 500™ EMEA

Press release

PARIS, 15 December 2016: REstore, the European leader in automated Demand Response, and Deloitte Global announce today that REstore is the number-41 ranked company on the 2016 Technology Fast 500™ rankings for Europe, the Middle East and Africa (EMEA). Recently REstore has also been named winner of the Deloitte Technology Fast 50™ in Belgium (November 2016).

Over the past four years, REstore has achieved an impressive turnover growth of 2.294 percent. Earlier this year, Bloomberg (August 2016) also listed REstore as one of the leaders in Demand Side Management software.

Overall, this year’s Technology Fast 500™ list for the region features winners from 28 countries, with an average growth rate of 967 percent. France had the most winners in the Technology Fast 500 for EMEA. The other top represented countries included the UK, the Netherlands, Norway and Sweden. Fingerprint Cards, a Swedish company, is this year’s number-one ranked company.

The companies with the highest cumulative growth percentages were in hardware, media and clean technology. REstore has developed a big data software solution to manage, aggregate and steer flexible, decentralised assets (machines, micro-generation, storage,…) at Commercial, Industrial and Residential consumers, during periods of grid stress. 

“We’re very pleased and proud to be amongst the TOP 50 of the fastest growing technology companies on the Technology Fast 500 List”, said Pieter-Jan Mermans, co-CEO at REstore. ”At REstore we invest strongly in the right people to design the best solutions which respond for 100% to the customers’ needs. Furthermore, we stay focused to continue REstore’s international expansion, which also appears to be key to our success.”

“Technical innovation is transforming both the consumer and enterprise landscape,” said Paul Sallomi, vice chairman, Deloitte Global. “Thanks to dynamic, disruptive companies like those named in this year’s EMEA Technology Fast 500 list, new business models are emerging at an astounding pace, creating new sources of value across every aspect of our personal and professional lives.”
 

REstore’s mission is to create a decarbonized energy market and to accelerate the transition to a smarter, cleaner grid. At E-World (Feb 2017) REstore is going to launch FlexTreo™, an innovative Demand Side Management solution that allows C&I consumers to manage their industrial flexibility for 360°, from their desk.
 
About Deloitte 2016 Technology Fast 500 EMEA:

The Deloitte Technology Fast 500™ EMEA program is an objective industry ranking focused on the technology ecosystem. It recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past four years.

The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area, and are run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group.

More information on the program is available at www.deloitte.com/fast500emea.

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REstore is a leading energy technology company

REstore offers Demand Response programmes to Commercial & Industrial consumers and delivers cloud-based Demand Side Management software to Utilities. REstore is the leader in the fast-growing European Primary Reserve / Frequency control market and operates in all ancillary services and capacity markets in France, the UK, Germany, and Benelux. The company’s proprietary technology platform FlexPond™ is used by more than 125 of Europe’s largest commercial and industrial consumers and a range of utility clients, including five of Europe’s top-50 largest utilities and grid operators.

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